Shearman & Sterling represented P. H. Glatfelter Company in connection with a Rule 144A and Regulation S offering of $100 million aggregate principal amount of its 7 1/8% Notes due 2016. Proceeds from the sale, along with borrowings under its revolving credit facility and cash on hand, will be used to fund the acquisition by its wholly owned subsidiary, Glatfelter Canada Inc., of the issued and outstanding shares of Concert Industries Corp.

P. H. Glatfelter is one of the world’s leading manufacturers of specialty papers and fiber-based engineered products. Concert is a leading global supplier of highly absorbent cellulose-based airlaid non-woven materials, used to manufacture a diverse range of consumer and industrial products.

The Shearman & Sterling team advising the company included partners Bruce Czachor (New York-Capital Markets), Larry Bambino (New York-Tax) and Douglas McFadyen (New York-Tax); counsel Ferdinand Erker (New York-Capital Markets), Daniel Litowitz (New York-Mergers & Acquisitions), Jason Pratt (New York-Property/Environmental) and Barbara Edwards (New York-Finance); associates Damien Grierson (New York-Capital Markets), Kevin Boon (New York-Capital Markets), Ethan Harris (New York-Tax), Derek Kershaw (New York-Tax) and Seth Kerschner (New York-Property/Environmental); and legal assistant Robert Villa (New York-Capital Markets).